CAclubindia News


Government may levy income tax on dividends

   13 March 2007 at 23:03

Income from dividends, which is at present taxed in the hands of the companies, could soon be added to one's income and may have to shell out the applicable income tax.

Posted in Income Tax |   7242 Views


Exemption - Form & Contents of Accounts

   11 March 2007 at 11:42

In certain situations, a company can seek exemption from therequirements of Sec. 211 of the Companies Act, 1956 relating to theForm & Content of Balance Sheet and Profit & Loss Account.Application to Central Government -Sec.211(4) provides th

Posted in Corporate Law |   7782 Views